California Insurers Back To Selling Coverage For Children

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California health insurers are back in the business of selling policies for children. A new law requires companies to offer such products, or face a five-year ban in the state's individual market.

California  California health insurers are back in the business of selling policies for children. A new law requires companies to offer such products, or face a five-year ban in the state's individual market.

California insurers stopped selling child-only policies last September. That's when an element of health reform took effect, mandating companies to cover all children regardless of pre-existing conditions.

California's new law requires insurers to offer these polices, and limits the cost of the premiums. Insurers can charge no more than twice the standard rate.